Petroleum and Greenhouse Gas Storage (Submerged Lands) (Resource Management and Administration) Regulations 2015
Div 2ARequired information: GHG retention lessee
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Division 2A — Required information: GHG retention lessee
[Heading inserted: SL 2026/82 r. 146(5).]
| 12A. | A description of work and expenditure commitments as detailed in the lease. | | 12B. | For all work, evaluations and studies carried out in relation to the lease —<br>(a)the total expenditure on the work, evaluations and studies; and<br>(b)the results of the work, evaluations and studies, including details about any potential GHG storage formations that have been assessed. | | 12C. | A list of the reports submitted to the Minister in accordance with these regulations during the year. | | 12D. | Details of the lessee’s plans for further evaluation work, including work that is to be carried out in the lease area. | | 12E. | For the work, evaluations and studies expected to be carried out in relation to the lease during the next year of the lease —<br>(a)a description of work commitments and expenditure estimates; and<br>(b)a description of the measures taken by the lessee to prepare for the work mentioned in paragraph (a). | | 12F. | Any other information that is required to be included in the annual assessment report by a condition of the lease. |
[Division 2A inserted: SL 2026/82 r. 146(5).]
Division 3 — Required information: petroleum licensee
[Heading inserted: SL 2026/82 r. 146(5).]
| 13. | For all work, evaluations and studies carried out in relation to the licence —<br>(a)the total expenditure on the work, evaluations and studies; and<br>(b)the results of the work, evaluations and studies, including details about any leads and prospects identified. | | 14. | Details of any activities the licensee plans to undertake in the licence area in compliance with a condition of the licence. | | 15. | A list of the reports submitted to the Minister in accordance with these regulations during the year. | | 16. | Details of the licensee’s plans for further evaluation of the licence area, including work that is to be carried out in the licence area and is not covered by item 14. | | 17. | A production forecast for each producing or potential development project. | | 18. | For a year after the first year of the licence, the following information about each resources pool situated in the licence area —<br>(a)a description of the pool;<br>(b)any new information relating to the evaluation of the pool;<br>(c)an estimate of the quantity of petroleum or regulated substance in the pool at the end of the previous year;<br>(d)an estimate of the quantity of recoverable petroleum or regulated substance in the pool at the end of the previous year;<br>(e)any new or revised data upon which the estimates in paragraphs (c) and (d) are based, including a report of any study carried out that has resulted in a revised estimate;<br>(f)a table summarising the quantities mentioned in paragraphs (c) and (d) by reference to resources and reserves. | | 19. | The total amount of petroleum and regulated substances produced during the year. | | 20. | The amount of each substance injected into an underground formation during the year. | | 21. | The amount of each substance flared or vented during the year. | | 22. | Any other information that is required to be included in accordance with a condition of the licence. |